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Special Report - Real Estate & Construction - July 05, 2012
Bank touts home ownership via employer-aided program
Incentives together can help make mortgages pencil out for workforce

By Mike McLean
Of the Journal of Business

Seattle-based residential lender HomeStreet Inc. has brought a program here that's aimed at making homeownership more accessible to workforces of participating employers by reducing mortgage-related costs and fees, says Andy Slipper, Spokane-area manager for the bank's Affinity lending division.

The bank's Hometown Home Loan Program also is working with Spokane-based nonprofit Community Frameworks, which provides access to down-payment assistance and financial education.


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